The highly consolidated nature and a limited number of established players in the global xanthan gum market are keeping the level of competition controlled. Expansion of existing production capacities and geographical outreach are the primary areas of focus for established players to stay ahead in the market, says Transparency Market Research (TMR) in a new study. The top three players in the global xanthan gum market, namely CP Kelco, Fufeng Group, and Deosen, accounted for over 58.0% of its value in 2015.

Increasing demand from end use industries includes oil & gas, food and beverages among others is escalating the demand for the Xanthan gum market. Xanthan Gum is the bacterium which secrets polysaccharide which in is Xanthan Gum, which is commonly used as a food thickening agent (salad dressing) and a stabilizer. Xanthan Gum scientific name is Xanthomonas. Xantham Gum is produced by fermenting glucose, sucrose or lactose, followed by precipitation of polysaccharide from a growth medium with isopropyl alchohol, dried and ground into a fine powder. Later, it is added to a liquid medium to form the gum.

The global xanthan gum market is expected to remain consolidated in nature, owing to the large presence of globally prominent players and their recent moves on capacity expansion. In 2015, Fufeng Group Company Limited, CP Kelco, and Deosen had dominated the global xanthan gum market in terms of revenue generation. At the time, they had captured almost 58.1% of the global xanthan gum market. Given the overall consolidated market nature, these players are likely to remain in the lead for the time being.

The Global Xanthan Gum Market is expected to remain consolidated in nature, owing to the large presence of globally prominent players and their recent moves on capacity expansion. In 2015, Fufeng Group Company Limited, CP Kelco, and Deosen had dominated the global xanthan gum market in terms of revenue generation. At the time, they had captured almost 58.1% of the global xanthan gum market. Given the overall consolidated market nature, these players are likely to remain in the lead for the time being.